Propshop Events Exhibitions came to market through an SME IPO that opened on 27 July 2026 and closed on 29 July 2026, and the shares listed on 3 August 2026 on NSE SME. The price band was ₹65 to ₹69 per share and one lot was 2000 shares, so the minimum application was ₹1,38,000. The issue size was ₹28.57 crore. It combined a fresh issue of new shares with an offer for sale by existing shareholders.
It listed at ₹55.2, a loss of 20% against the issue price of ₹69. MUFG Intime India Pvt.Ltd was the registrar to the issue, and Unistone Capital Pvt.Ltd was the lead manager.
As of 29 July 2026.
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Overall the issue was subscribed 1.58 times.
Propshop Events & Exhibitions Ltd is involved in providing trade shows and exhibition booths solutions, offering both custom built and modular exhibition booths. Propshop outsources booth fabrication and associated services, which are executed under the guidance of the Company, whereas design and concept development is done internally as well as through project collaborations with professionals. Company services span from concept development to 3D visualization, project management, logistics, on-site supervision, fabrication, installation, and dismantling.
Clients of Propshop belong to a variety of sectors, such as Industrial Machinery & Equipment, Building Materials, Furnishing and Décor, Chemicals, Media & Entertainment, Healthcare and Cosmetics, Food & Beverages, and others.
As described in the offer document.
| Metric | 28-Feb-26 | 31-Mar-25 | 31-Mar-24 | 31-Mar-23 |
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Prathamesh Shantaram Pusalkar, Aarti Prathamesh Pusalkar. Promoter holding 94.55% before the issue and 67.50% after.
Work out the listing gain for this SME IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
Propshop Events Exhibitions IPO was a ₹28.57 crore book-built issue, comprising a fresh issue of ₹23.05 crore and an offer for sale of ₹5.52 crore. It was priced at ₹65–₹69 per share with a lot size of 2,000 shares; the minimum retail application was 4,000 shares (₹2,76,000). The IPO was open from July 27 to July 29, 2026 and was subscribed 1.58x.
Shares listed on NSE SME on August 3, 2026 at ₹55.20, a 20.0% discount to the issue price of ₹69. MUFG Intime India Pvt. Ltd. is the registrar. Unistone Capital Pvt. Ltd. is the book running lead manager.
The price band of Propshop Events Exhibitions IPO is ₹65 to ₹69 per share.
The lot size of Propshop Events Exhibitions IPO is 2000 shares.
The minimum investment for Propshop Events Exhibitions IPO is approximately ₹2,76,000 based on the upper price band.
The allotment date of Propshop Events Exhibitions IPO is Jul 30, 2026.
You can check Propshop Events Exhibitions IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Propshop Events Exhibitions IPO allotment status on Rupix for quick and easy access.
₹65 to ₹69 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 2000 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,38,000. After listing, SME shares also trade in lots rather than one share at a time.
₹1,38,000, for one lot of 2000 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 27 July 2026 and closed on 29 July 2026.
The basis of allotment was published on 30 July 2026 by MUFG Intime India Pvt.Ltd, and allotted shares were credited to demat accounts before listing.
The shares listed on 3 August 2026 on NSE SME, opening at ₹55.2.
The issue size was ₹28.57 crore. The fresh issue was 33,40,000 shares (aggregating up to ₹23.05 crore). The offer for sale was 8,00,000 shares (aggregating up to ₹5.52 crore).
It listed at ₹55.2 against an issue price of ₹69, a loss of 20 percent on listing day.